Lafras v Special Services Limited (COMPANY CAUSE NO. 11 OF 2019)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The High Court held that the Deputy Registrar General exceeded her jurisdiction by ordering reversal of shareholding in a summary manner without conducting a proper investigation or awaiting an inspector's report. The Court ruled that decisions affecting property rights (shares) require comprehensive evidence through affidavit or viva voce testimony. The order reverting shareholding to Saracen International Limited (a struck-off company) was irrational and set aside. Additionally, the order that the company pay the inspector's costs was set aside as Section 179 of the Companies Act requires the complainant to first bear investigation costs.
Outcome
Appeal allowed; orders of the Deputy Registrar General reversing shareholding and condemning the company to pay inspector's costs set aside
Facts
In 1995, Saracen Uganda Limited (SUL) was incorporated with Saracen International Limited (SIL) holding 75% shares and Special Services Limited (SSL) holding 25%. SSL filed a petition (Company Cause No. 001 of 2017) alleging mismanagement and oppression, challenging how shareholding changed from incorporation. The appellants were the only shareholders of SIL. Shares were transferred from SIL to the appellants (Bill Pelser and Lafras Luitingh), who later transferred some shares to Winork Investments and John Mugisha. At the time of the Deputy Registrar General's order, SIL had been struck off the company register in its country of incorporation. The Deputy Registrar General ordered that SUL shareholding be reverted to SIL (75%) and SSL (25%), appointed an inspector to investigate SUL's affairs, and ordered SUL to pay the inspector's costs. The appellants, who were not parties to the original petition, appealed these orders.
Issues
- Whether the Deputy Registrar General erred in issuing orders which had not been prayed for.
- Whether the Deputy Registrar General acted within the scope of her powers when she made orders that the shareholding of the company reverts as ordered.
- Whether the Deputy Registrar General issued orders reversing shareholding without considering the totality of the evidence on the record supporting the share transfers.
- Whether Saracen Uganda should pay the costs of the Inspector.
Orders
- The decision of the Deputy Registrar General to revert the shareholding of Saracen Uganda Limited to Saracen International Limited 75% and Special Services Limited 25% is set aside.
- The order that the Company shall pay the costs of the Inspector is set aside.
- The application is allowed.
- No order as to costs.
Rules and key headnotes
Legislation cited (25)
- Companies Act 2012 s.173(3)
- Companies Act 2012 s.293
- Companies Act 2012 s.247
- Companies Act 2012 s.247(2)
- Companies Act 2012 s.125
- Companies Act 2012 s.83
- Companies Act 2012 s.172
- Companies Act 2012 s.173
- Companies Act 2012 s.174
- Companies Act 2012 s.175
- Companies Act 2012 s.180
- Companies Act 2012 s.181
- Companies Act 2012 s.179
- Companies Act 2012 s.152
- Companies Act 2012 s.153
- Companies Act 2012 s.135
- Companies (Powers of Registrars) Regulations 2016 reg.3(i)
- Companies (Powers of Registrars) Regulations 2016 reg.8
- Companies (Powers of Registrars) Regulations 2016 reg.8(2)
- Companies (Powers of Registrars) Regulations 2016 reg.32
- Civil Procedure Rules S.I 71-1 O.38 r.2
- Civil Procedure Rules S.I 71-1 O.38 r.5(a)
- Civil Procedure Rules S.I 71-1 O.6 r.7
- Constitution of the Republic of Uganda 1995 art.26
- Constitution of the Republic of Uganda 1995 art.44(c)
Cases cited (8)
- Aisha Nantume Tifu v Damulira Kitaata James (HCCS No. 77 of 2007)
- Gonstan Enterprises Limited v John Kokas Ltd (SCCA No. 8 of 2003)
- Mathew Rukikaire v Incafex (SCCA No. 03 of 2015)
- Fayed v United Kingdom (1994) 18 EHHR 393 ECtHR
- Re Baker and Paddock Inn Peterborough Ltd [1977] 2 BLR 101 Ont HC
- Re Sabex Internationale Ltee [1979] 65 Que SC
- Re First Investors Corporation [1988] 4 WWR 22
- Re R W Peak (Kings Lynn) Ltd
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.